Bitcoin: Nasdaq Hits Record High as Oil Slump Fuels BTC

Bitcoin crossed $86,500 on Tuesday after several weeks stuck below this zone. BTC gained 12.2% over seven days, while the total crypto market capitalization rose above $3 trillion. The move accompanies a session very favorable to risky assets: the Nasdaq set a new record, while Brent briefly fell below $98. Bitcoin thus benefits from a significantly different environment than that observed a few days earlier.

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